How Lenders Review Title Loan Applications in South Carolina

Participating lenders review your application, which may include a credit check, verification of income and identity, and an appraisal of your vehicle. They also assess whether the monthly payment fits your budget.

How Lenders Review Title Loan Applications with Platinum VIP pricing

Every Platinum VIP loan — whatever the application review — carries a maximum APR of 35.99%. That cap applies to every loan we make to South Carolina residents. Always quick, confidential and easy!

Sample cost

$2,000 over 18 months at 35.99% APR: payment $145.40/month, finance charge $617.20, total $2,617.20.

Is this right for you?

A title loan is secured by your vehicle, so it should be used for real needs and only when the payment fits your budget. Ask yourself whether the monthly payment above is affordable alongside rent, insurance and groceries. If not, consider borrowing less or one of the alternatives on our responsible lending page.

Next steps

Check the requirements, review rates & terms, then apply. We work to make the process hassle free, so you can get back to your day.

Popular in: Fort Mill Rock Hill Columbia Charleston. Related: Title Loans for Self-Employed Borrowers · Loans Against a Paid-Off Car · Planning for Unexpected Expenses

More from the Platinum VIP team

Your vehicle can be legally seized if it’s located in your yard, driveway, or in a public space. If there is clear access to your vehicle through public roads, it’s typically fair game.

Cannot Breach the Peace: Breaching the peace is a legal term that refers to breaking the law or causing a disturbance while repossessing the property. Some relevant examples of breaching the peace include breaking into your home or garage or damaging property to get your vehicle.

Cannot Use Deceptive Practices: A repossession company cannot misrepresent themselves during a repossession. This includes pretending to be law enforcement or another type of public official.

Cannot Trespass or Harass: Repossession agents will not be able to threaten, harass, or intimidate you into allowing them access to your property. Additionally, trespassing on your property is also prohibited.

Finally, any actions that violate state or federal laws, such as the Fair Debt Collection Practices Act ( FDCPA ), are prohibited. This includes contacting you excessively about the debt. You should not be contacted about your debt after a certain time at night as well.

Repo companies can “track” your car by using publicly available information to locate it. They may use your social media to track the stores and locations that you frequent. They may visit your place of employment to find your vehicle and seize it.

In extreme cases, if your car is never located and your loan is in default, the title lender may decide to file a lawsuit against you for the unpaid debt. Depending on the outcome of the lawsuit, you may be obligated to hand over the vehicle or pay the outstanding amount that you still owe. It’s important to reach out to your lender or loan servicer before missing a payment. If you are proactive, you can try to avoid repossession and loan default!

APR disclosure: The Platinum VIP Title Loan carries a maximum Annual Percentage Rate (APR) of 35.99%, which includes the $15 South Carolina lien fee. Your actual APR, finance charge, payment amount and term are disclosed in your written loan agreement before you sign. A title loan is secured by your vehicle; if you do not repay as agreed, your vehicle may be repossessed. Borrow only what you can afford to repay. Loans are made by 1st Capital Finance of South Carolina Inc, the lender, 3420 Hwy 21 Ste B, Fort Mill, SC 29715. 1st Capital Finance of South Carolina Inc is licensed by the South Carolina State Board of Financial Institutions, Consumer Finance Division, as a Supervised Lender (License No. SL-1966027) under S.C. Code § 37-3-503. Loans are available only to South Carolina residents and are originated online. Submitting information on this website does not guarantee loan approval.